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He is the chief executive officer of cloud-based data-warehousing company Snowflake Inc. since February 2024. He was the cofounder and CEO of the startup company Neeva, an ad-free, privacy-focused search engine, until it was acquired by Snowflake. [1] [2] He previously led Google’s $115 billion advertising division. [1] [3]
Slootman is leaving his CEO role at Snowflake while remaining chairman, as surprised investors learned in an earnings call this week. Filling his shoes is Sridhar Ramaswamy, previously senior vice ...
With $30 billion in lost market value and big shoes to fill, Snowflake’s new CEO bets big on AI—and on big friends like Nvidia’s Jensen Huang
He was CEO of the company when it went public in 2007. [3] He was appointed CEO of ServiceNow in 2011, then led its initial public offering the next year. [7] He also converted ServiceNow from a help-desk provider to a broader IT services business. [3] Slootman was appointed CEO of Snowflake on April 26, 2019. [3]
Snowflake has run on Amazon Web Services since 2014, [5] [6] on Microsoft Azure since 2018, [7] and on the Google Cloud Platform since 2019. [8] [9] In June 2015, Snowflake launched its first product, its cloud data warehouse. [10] In May 2019, Frank Slootman, formerly CEO of ServiceNow, joined Snowflake as its CEO. [8]
Investors should question the narrative that Snowflake is expensive due to its price-to-sales ratio (P/S) of 16. SNOW PS Ratio Chart SNOW P/S Ratio data by YCharts.
On Aug. 21, Snowflake reported its second-quarter results, which went up until the end of July. The company's revenue for the quarter totaled $868.8 million, a year-over-year increase of 29%.
Bob Muglia was Chief Executive Officer of Snowflake Computing, a cloud-based data-warehousing startup until April 2019. He joined the company in June 2014, a couple years after it was founded [30] [31] in 2012. [32] Snowflake Computing came out of stealth mode that October. [33]